Sotheby's unwavering dedication to quality has helped distinguish it as a global business leader. It represents the world's finest art, jewelry, wine and real estate. The document discusses Sotheby's history in auctions since 1744 and its introduction to real estate in 1976 through Sotheby's International Realty. It highlights some recent significant auctions, including Impressionist and Modern art sales in New York achieving over $50 million for Munch's "Girls on the Bridge", and a Hong Kong trip taken by LIV Sotheby's brokers to connect with Sotheby's clients.

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HOW SOTHEBY’S UNWAVERING DEDICATION TO QUALITY HAS HELPED DISTINGUISH ITSELF
AS A VISIONARY LEADER ON THE GLOBAL BUSINESS STAGE | By Brittanny Havard
otheby’s Auction House and Sotheby’s
International Realty share an unwavering
commitment to the very highest level of
quality, not only representing the world’s finest
possessions, but also, the walls that house
those possessions. By better understanding
the bond that unites the Sotheby’s Auction
House and the Sotheby’s International Realty
brand, consumers are able to make better
buying and selling decisions, no matter the
product, and have the confidence they are
being represented by one of the most storied
names on the global business stage.
A BRIEF HISTORY:
THE SOTHEBY’S AUCTION HOUSE
While many people across the globe are
familiar with the Sotheby’s name, what about
the brand’s heritage? Few people know that
the venerable auction house they know today
began with the sale of several hundred valuable
books auctioned off by London bookseller and
Sotheby’s founder, Samuel Baker on March
11, 1744. The history of Sotheby’s expanded
well beyond books to include the finest in
decorative arts, jewelry sales, and fine wine,
and is defined by extraordinary auction
moments that continue to capture the world’s
attention today.
Since 1744, Sotheby’s has distinguished
itself as a leader in the auction world. Its
auctions are conducted in salerooms in
London, Paris, Zurich, Milan, and museum-
quality galleries in New York and Hong Kong.
Season after season, the variety and excellence
of Sotheby’s offerings have produced record-
breaking sales. Historically, Sotheby’s has been
entrusted with the sale of many of the world’s
greatest treasures, amongst them including:
the Estate of Mrs. Jacqueline Kennedy Onassis,
S
Sotheby’s
International Realty®
A Unified Commitment
Sotheby’s
Auction House &

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the Duchess of Windsor’s jewels, Rembrandt’s Aristotle Contemplating
the Bust of Homer, Rubens’ Massacre of the Innocents, Picasso’s
Garçon à la Pipe, Bacon’s Triptych, the Magna Carta, the first printing of
the Declaration of Independence, The Martin Luther King Jr. Collection,
and countless more.
Sotheby’s has long recognized that great works of art, as well
as the collectors interested in buying and selling them, inhabit the
globe, which inevitably led to the brand’s introduction to real estate,
establishing Sotheby’s International Realty in 1976.
A UNIQUE COLLABORATION
The Sotheby’s International Realty network benefits from a unique
relationship with Sotheby’s Auction House, specifically in regards to
exclusive marketing efforts available to affiliates. A variety of programs
are available to help Sotheby’s International Realty sales associates
capitalize upon these opportunities on a daily basis.
At the Sotheby’s Worldwide Headquarters in New York, a Sotheby’s
International Realty brand desk can be found in the lobby.The desk
serves as the first point of contact for Auction House clientele and
employees and acts as a bridge between Sotheby’s International Realty
brand offices around the world and this key audience. An eGallery and
brochure wall displays Sotheby’s International Realty properties from
around the world, with similar displays emulated at Sotheby’s auction
houses worldwide, offering unparalleled global exposure.
An added benefit of the relationship between the Sotheby’s
International Realty brand and the Auction House is the availability
of behind-the-scenes tours of Sotheby’s Auction House that are
available to Sotheby’s International Realty agents and clients, allowing
a rare glimpse into the inner workings of how auctions function. These
tours educate real estate brokers and their clients about the entire
process of getting some of the world’s most prized and beautiful
objects to auction—outlining the total cataloguing, exhibition, and sale
process.
Today the Sotheby’s Auction House maintains 80 locations in
40 countries and conducts 250 auctions annually in over 70 categories,
with the opportunity for Sotheby’s International Realty affiliates to have
a live presence at some of these world-renowned auctions. In addition
to Sotheby’s four principal salerooms in New York, London, Geneva
and Paris, the company, recognizing the potential in new markets,
also conducts auctions in six other salerooms around the world,
including Hong Kong.
Contemporary Art Evening Sale
17 November 2016 | 7:00 PM EST | New York

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A JOURNEY TO HONG KONG
Hong Kong is a key market for both
art and real estate. Sotheby’s was the
first international auction house to launch
in Asia, establishing both an office and
holding an inaugural auction in Hong Kong
in 1973. The city has since become central
to Sotheby’s involvement with the Asian art
market.
Most recently, at the Sotheby’s Hong
Kong Autumn 2016 Sales Series that took
place September 30–October 5, 2016,
a large group of brokers from Colorado real
estate firm, LIV Sotheby’s International
Realty, traveled to Hong Kong to connect
with Sotheby’s Auction House clients and
Sotheby’s International Realty brokers to
promote the state of Colorado and many
of the firm’s luxury properties for sale.
At the auction, exceptional objects
encompassing Chinese Works of Art, fine
Classical Chinese Paintings, Contemporary
Ink Art, Modern Asian Art, Contemporary
Asian Art, Modern Contemporary
Southeast Asian Art, Jewelry, Watches and
Wine went under the hammer at the Hong
Kong Convention and Exhibition Centre,
and LIV Sotheby’s International Realty was
positioned at the epicenter of it all.
With approximately 10,000 people,
or nearly 10% of newcomers relocating to,
or investing in, the metropolitan Denver
and Colorado Front Range real estate
market each year from international areas,
including Asia, the opportunity to connect
more closely with this increasing segment
of LIV Sotheby’s International Realty’s
growth was invaluable. Not only were life-
long connections made, but LIV Sotheby’s
International Realty’s first Mandarin
Chinese edition of LIV Magazine, featuring
the company’s most distinctive listings,
was distributed to Sotheby’s clients and
brokers participating in the Hong Kong
auction (pictured below).
As a result of this strong partnership
and shared history, Sotheby’s International
Realty brokers are positioned to maximize
exposure to international markets including
Hong Kong, and have the ability to
strengthen important relationships helpful
to successfully marketing unique, luxury
properties in Colorado for valued clients.
RECENT SALES OF SIGNIFICANCE
While each Sotheby’s auction is
unique, there are a select number of annual
sales that truly stand out among the most
notable Sotheby’s art, jewelry and wine
sales of the season. Blending true artistic
significance, rich and diverse heritage, and
a level of interest so high that it captivates
audiences across the globe—these are the
sales that make history when they go under
the hammer, and the sales that embody
the extraordinary nature of the Sotheby’s
auction house.
Recently, considered among some of
the most elite sales within the Sotheby’s
art family were the Impressionist & Modern
Art Evening Sale and the Contemporary
Art Evening Auction in New York, the
Sotheby’s wine sale that featured
Bollinger Champagne in New York, and
the Magnificent Jewels and Noble Jewels
exhibition that took place in Geneva.
Ni Can, Landscapes After Song Masters
Ink and color on silk, 1764-1841
Sold $17,731 USD10 livsothebysrealty.com

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ART
On November 14, 2016 the venerable Impressionist
& Modern Art Evening Sale took place in New York,
auctioning off a selection of late 19th and early 20th
century avant-garde works. From world-renowned
Impressionist paintings to iconic sculptures by Pablo
Picasso, the evening offered a selection of dynamic
works from some of the most well-known Impressionist
and Modern Artists in history, with top sales including
Edvard Munch’s 1902 masterpiece, Pikene på broen
(Girls on the Bridge), leading the sale at $54.5 million,
over $20 million more than its 2008 auction price.
This sale was not the first time Munch’s Girls on
the Bridge took center stage at auction, having twice
set an auction record for the artist at Sotheby’s—first
in 1996, when it sold for $7.7 million, and again in 2008,
when it sold for $30.8 million. Following The Scream,
which sold at Sotheby’s New York in 2012 for $119.9
million—the sale of Girls on the Bridge marks the
second-highest auction price for any work by Munch.
Equally impressive results were achieved at the
Contemporary Art Evening Auction that took place
on November 17, 2016 in New York.There, the art of
major players within the Contemporary Art scene were
auctioned, offering truly rare and prestigious examples
of Abstract Expressionism, Pop Art, Minimalism and
Postmodernism alongside various groundbreaking
paintings and sculptures by the most influential
Contemporary Art innovators of our time.
The Sotheby’s Contemporary Art Evening Auction
in New York totaled $276.6 million in sales with artist,
Gerhard Richter’s A B, Still earning $34 million, along
with frenzied bidding for Andy Warhol’s Self-Portrait
(Fright Wig), which achieved $24.4 million, the highest
total sale for a work by the artist that week.
Pictured above, clockwise from upper left:
Pablo Picasso, Le Peintre et son modèle
Oil on canvas, 1963
Sold $12,906,000 USD
Edvard Munch, Pikene på broen (Girls on
the Bridge)
Oil on canvas, 1902
Sold $54,487,500 USD
Pablo Picasso, Tête de femme
Bronze, 1951
Sold $8,450,000 USD
Gerhard Richter, A B, Still
Oil on canvas, 1986
Sold $33,987,500 USD
Willem de Kooning, Untitled XXXIX
Oil on canvas, 1983
Sold $9,800,000 USD (record for artist)
Andy Warhol, Self-Portrait (Fright Wig)
Acrylic and silkscreen ink on canvas, 1986
Sold $24,425,000 USD
Jean-Michel Basquiat, Brother’s Sausage
Acrylic, oilstick and paper collage on
canvas, 1983
Sold $18,650,000 USD

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WINE
Sotheby’s Wine rounded out its New York
calendar of auctions on November 19, 2016 in
Geneva with the ‘Champagne Bollinger, Direct
from The Cellars & Finest Wines’ auction, marking
the first time Bollinger Champagne was ever
sold at auction. The sale made history netting
$3,867,713 in total sales from the sales of some
very special bottles of Champagne Bollinger and
a selection of other fine wines. The auction
brought the total for New York Wine sales to
$34 million—the second highest amount of sales
earned since the inception of the North American
Sotheby’s Wine auctions 23 years ago.
Opening the auction with a selection of
bottles of Champagne Bollinger, direct from the
winery’s famed cellars in Aÿ, France, a 102-year-
old bottle of Bollinger from 1914 that was recently
discovered in an unused wine cellar, accompanied
by an exclusive visit to the cellars of Bollinger, led
the sale for $12,250. Other highlights from the
auction included a 3-liter jeroboam of Bollinger
1979, which had an estimated selling price of
between $2,400 to $3,200, selling for $6,738,
and 3 bottles of 1973 Bollinger Année Rare, which,
estimated to sell at between $1,600 to $2,200,
earned $5,145 at auction.
JEWELRY
Another record-breaking sale of the season was
the ‘Magnificent Jewels & Noble Jewels’ auction that
took place at Sotheby’s in Geneva. The sale featured
an impressive collection of colored diamonds, as
well as period jewels with noble provenance and fine
colored gemstones. Notable pieces at the auction
included a historic and magnificent diamond choker,
formerly in the collection of the imperial Russian
family, a spectacular Cartier ‘Sky Blue’ Fancy Vivid
Blue diamond ring weighing 8.01 carats, and several
Fancy Intense Pink Diamonds.
Multiple records were broken at the packed
saleroom at the Magnificent Jewels and Noble Jewels
auction, with sales totaling $136,428,215—the highest
total for any jewelry sale of the season.
The evening was led by a number of outstanding
pieces, including a Fancy Intense Pink diamond ring,
which after lively bidding, reached $20,778,352,
and the exceptional ‘Sky Blue Diamond’, which sold
for $17,074,168. New records were set for Fancy
Deep Blue, Fancy Light Blue, and Fancy Light Pink
Diamonds, demonstrating the strength of the market
for colored diamonds.
Pictured top, left:
Romanée Conti 2002-2010
Domaine de la Romanée-Conti
Per lot:$7,000-$12,000 USD
Pictured bottom, left:
Bollinger, 2003 by Bollinger, Brut 2003
Disgorged 11/05/2007
Per lot: $900-1,400 USD
Pictured bottom, right:
Cartier,“THE SKY BLUE DIAMOND”
Superb Fancy Vivid Blue Diamond ring, 8.01 carats
Sold $17,074,168 USD

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Whether through the purchase or sale of art, jewelry, wine
or real estate, the lineage of Sotheby’s and the brand’s
global success today is rooted in the brand’s commitment
to excellence before all else. In a world growing increasingly
fast-paced, commitment to quality is one area that should
never lag, and luckily, with the Sotheby’s Auction House
and the Sotheby’s International Realty brand’s time-tested
goal to always remain committed to the very best, it won’t.
Impressionist & Modern Art Evening Sale
14 November 2016 | 7:00 PM EST | New York
Pictured above, left to right:
Chaïm Soutine, Le Rouquin, Oil on canvas, 1917-19
Sold $3,837,500 USD
Marc Chagall, Nature Morte, Oil on burlap, 1910-11
Sold $4,737,500 USD
Vincent van Gogh, Nature morte: vase aux glaïeuls
Oil on canvas, 1886
Sold $5,862,500 USD
Maurice de Vlaminck, Le Verger, Oil on canvas, 1906
Sold $7,550,000 USD
Pictured left:
From Important Private Collection
Fancy Intense Pink Diamond ring, 17.07 carats
Sold $20,778,352 USD
SPOTLIGHT: BIDNOW
Through BIDnow, clients can watch
all Sotheby’s auctions live online
and place bids in real time, from
anywhere in the world.